1861 Confederate States 20 Dollar Note - Rare Early Civil War Issue - VF, Cancelled - 1861 Confederacy Twenty Dollars Note - CS-20 / T-20

This listing is for the photographed 1861 Confederate States of America 20 Dollar Banknote. Rarer, earlier issue, dated September 2nd, 1861. Fully signed and issued. The vignettes on this note include a portrait of Alexander H. Stephens at the left end, and an allegorical woman figure representing Industry seated at the center with a cherub holding a caduceus on her left and a beehive on her right, and lastly an allegorical woman representing Hope standing with an anchor and palm tree beside her featured on the right end. Very Fine (VF) grade/condition, some visible folds and signs of circulation, including two half circle cancellation punches on the bottom of the note, showing its contemporary use and circulation. Beautifully designed note in great condition for its rarity and age! CS-20 / T-20. Great, rarer note with an interesting history! Perfect addition to any collection.

Confederate Treasury Notes (banknotes) were ultimately issued in 50¢, $1, $2, $5, $10, $20, $50, $100, $500 and $1,000 denominations with a variety of designs, issuers and redeemable obligations. The amount of currency issued under the various acts of the Confederate Congress totaled $1.7 billion. Bills were released in 72 different note "types" in seven "series" from 1861 through 1864.

Since there were many types of Confederate notes as well as notes issued by the states of the Confederacy, and since banks could issue their own notes, counterfeiting was a major problem for the Confederacy. Many of these contemporary counterfeits are identifiable today and they can be as valuable to a collector as a real note.

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1861 Confederate States 20 Dollar Note - Rare Early Civil War Issue - VF, Cancelled - 1861 Confederacy Twenty Dollars Note - CS-20 / T-20